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Like many others around the world, I faced disruptions due to the tech outages on Friday, spending a significant part of my afternoon at Istanbul airport. Surprisingly, most cryptocurrency exchanges and blockchain firms remained unaffected during this period. Curious about the reason behind this resilience? Dive into this insightful article from our Head of Security at #Binance . This piece sheds light on the robust infrastructure and advanced security protocols that protected these platforms from the widespread outages. Whether you're an experienced trader or new to the crypto space, this read will provide valuable insights into the strength and stability of blockchain technology. #Write2Earn! #BinanceTurns7 #BullBanter #SOFR_Spike
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🚨 🚨 Bitcoin Price Prediction for the Next 30 Days ⏰ Current Market Overview Bitcoin's price is influenced by various factors, including market sentiment, macroeconomic conditions, regulatory developments, and technological advancements. Prediction for the Next 30 Days 1. Market Sentiment and Institutional Interest: Positive news, like increased institutional adoption, could drive prices up. Major financial institutions are showing more interest in cryptocurrencies. If this continues, it could push Bitcoin's price higher. Conversely, 2. Regulatory Developments: Regulatory news plays a critical role. Positive developments, such as clearer guidelines and supportive policies, can boost investor confidence and drive prices up. 3. Macroeconomic Factors: In times of economic uncertainty or high inflation, Bitcoin is often seen as a hedge, leading to increased demand and higher prices. If economic uncertainties persist, Bitcoin might see a rise. However, if the global economy stabilizes and traditional markets perform well. 4. Technological Advancements and Network Upgrades: Technological improvements and network upgrades can positively influence Bitcoin's price. Enhancements in security, scalability, and functionality can attract more users and investors. Successful implementation of upgrades like the Taproot update can drive prices up. 5. Market Speculation and Trading Patterns: Bitcoin's price is also subject to speculative trading and market manipulation. Large buy or sell orders by whales (large holders) can significantly impact prices. If whales accumulate more Bitcoin, the price could rise. Conclusion Predicting Bitcoin's exact price movements over the next 30 days is challenging due to its inherent volatility and numerous influencing factors. It is likely that Bitcoin will experience both upward and downward movements. #Write2Earn! #BinanceTurns7 #SOFR_Spike #MtGoxJulyRepayments #ETH_ETFs_Approval_Predictions
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Imagine the regret Germany must be experiencing right now. They have sold all their Bitcoin holdings, potentially missing out on significant future gains. In recent times, the value of Bitcoin has been on a noticeable upward trend. By liquidating their Bitcoin assets, Germany might have lost a golden opportunity to benefit from these potential returns. Such a decision could have far-reaching financial implications, especially as the global adoption of cryptocurrency continues to rise. As more nations and institutions recognize the value of digital assets, holding onto Bitcoin could prove to be a strategic advantage. The decision to sell now, rather than capitalizing on future market developments, might be seen as a misstep. For newcomers, this situation underscores the importance of carefully considering the long-term potential of cryptocurrency investments. #Badnews #Germany #Germangovernment #Loss #BullBanter
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🚨 🚨 Warning: Crypto Scams Ahead!⚠️⚠️⚠️ Hey traders, let's dive into some of the most notorious scams in crypto history. Remember FTX? This exchange collapsed in November 2022 after mishandling billions of dollars in customer funds. Luna and TerraUSD? They plummeted, leading to a staggering $60 billion loss in May 2022. QuadrigaCX? It turned out to be a Ponzi scheme. Africrypt followed a similar path. And SafeMoon? Executives allegedly withdrew over $200 million for personal use. So, how can you safeguard yourself? Conduct thorough research, verify team credentials, steer clear of unrealistic promises, diversify your investments, and avoid putting all your funds in one basket. Stay vigilant and make well-informed decisions in the ever-volatile crypto market! Here are more scams to be wary of: Pincoin, iFan, Celsius Network, Centra Tech, and Mining Max. It’s a lengthy list, but staying informed is crucial to staying safe. Remember, knowledge is your best defense in navigating the crypto landscape! #Write2Earn! #BinanceTurns7 #BullBanter #scammeralert #Alert🔴
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🚨 URGENT! MUST READ 🚨 🚨Bitcoin is set to PUMP to $77K! 🚨 🚨CYCLE TOP PREDICTION!🚨 In this post, I'll break down the potential cycle top for $BTC using historical data and past trends. Let's start with an overview of Fibonacci (fib) levels: Fib retracement levels are horizontal lines indicating potential support and resistance areas based on key percentages of the previous move. They help predict how much of a trend has been retraced and imply the trend may continue. The key fib levels for longer time frames are 1.272, 1.618, and 2.272. Now, let's go back to 2013. Refer to the first chart attached. By applying fib levels from the 2013 cycle peak to the bear market low, we get a 2.272 level of $15k. In the next cycle (2017), $BTC reached a high of $19.9k, hitting the blow-off top target. If we apply fibs from the 2017 cycle top to the bear market low, we get a 1.618 technical target of $61.7k. In 2021, $BTC reached $64k, meeting another blow-off top target. From this trend, we observe diminishing returns with each cycle. If this trend continues, the next cycle top could be either $96k (1.272 fib level) or $117k (1.414 fib level). The 1.272 fib level is significant, so $96k is plausible. However, I am betting on $117k for this cycle, hoping for another blow-off top, especially with bigger players in the market, achieving a new all-time high for Bitcoin. I've also attached a zoomed-in version of all three cycles below, illustrating the potential 5-wave count for this cycle. Thanks for reading, and stay safe.🤝🏻 AD: If you're interested in learning technical analysis, comment "Teach Me" , and I'll personally reach out to guide you through one-on-one coaching sessions. #BTC☀ #BinanceTurns7 #BullBanter #SOFR_Spike
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